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Politics : PRESIDENT GEORGE W. BUSH

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To: jlallen who wrote (690858)7/7/2005 9:41:41 PM
From: American Spirit  Read Replies (2) of 769670
 
Halliburton War Earnings Reach 9.1 Billion

WASHINGTON (Reuters) - The U.S. military has signed on Halliburton (NYSE:HAL - news) to do nearly $5 billion in new work in Iraq under a giant logistics contract that has so far earned the Texas-based firm $9.1 billion, the Army said on Wednesday.

Linda Theis, a spokeswoman for U.S. Army Field Support Command in Rock Island, Illinois, said the military signed the work order with Halliburton unit Kellogg Brown and Root in May.

The new deal, worth $4.97 billion over the next year, was not made public when it was signed because the Army did not consider such an announcement necessary, she said.
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